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Second, I don't remember Wikipedia ever claiming to be the authority that others seem to think it is claiming to be.
See:The Free Encyclopedia
See:Wikipedia is aimed at creating a new kind of encyclopedia that is comprehensive and free for anyone to consult
See:Wikipedia's goal is to create a free, democratic, reliable encyclopedia—actually, the largest encyclopaedia in history, in terms of both breadth and depth
See:
http://en.wikipedia.org/wiki/Wikipedia:Overview_FAQ
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How do you know if the information is correct?
As anyone can edit any article, it is of course possible for biased, out of date, or incorrect information to be posted. However, because there are so many other people reading the articles and monitoring contributions using the Recent Changes page, incorrect information is usually corrected quickly. Thus, the overall accuracy of the encyclopedia is improving all the time as it attracts more and more contributors. You are encouraged to help by correcting articles and passing on your own point of view.
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Now my source is the Wikipedia itself so of course that text may no longer exist and someone may have decided that the Wikipedia is for use by Teletubbies only to learn how to make custard....
The Wikipedia bashing that seems to be in fashion now comes down to one fundamental bit of advice: Don't believe everything you read. It isn't a new problem.
I suspect the result of your "Wikipedia Bomb" is, at worst, going to be a few high profile people being publicly embarrassed for not checking their facts. It's happened before and it will happen again, with or without Wikipedia.
The root problem is a lack of critical thinking, not a flaw in Wikipedia's model.
No the claim at the moment is that there is flaw with Wikipedia since it is using a mechanism that has never been proved and has purposefully and quite boastfully rejected the techniques of guaranteeing a certain amount of accuracy from an encyclopedia that have already been proved to work (e.g. articles written and reviewed by experts and general peer review). Now granted at the moment that is only a claim since it may well be that it succeeds with its aims to be a comprehensive and reliable encyclopedia and aids another proved technique.